construction loans: Owner-Builder Financing in Eastern Washington - 04/23/08 12:36 AM
I wrote last time that this was a great year for building your own home, and I have had lots of requests for financing. One thing I want to point out to people, is that at this point in time, if you want someone to finance you as an owner builder, … (0 comments)
Lot and land sales at Lake Chelan seem to be brisk right now; as I am getting inquiries every week from people wanting to finance a building lot or some land. Most people have not financed land before so I hope to remove some confusion with a little explanation. This would … (0 comments)
construction loans: Is Mortgage Qualifying Getting Easier? - 10/30/07 12:50 AM
In the last week, it appears that Fannie Mae is loosening the reigns and making mortgage qualifying easier. I won't try to completely explain Automated Underwriting here, but basically, when we as lenders take an application for a loan that will be sold to Fannie Mae or other investor, we gather all the details … (4 comments)
construction loans: Wenatchee Fall Construction Race - 10/15/07 12:02 AM
It's that time again; every Fall in the Wenatchee area, builders scramble to get their foundations poured before it freezes, giving them a chance to get their homes framed in so they can work inside during the Winter. Some years have been mild, where you could excavate and pour concrete all … (3 comments)
construction loans: Refinance Boom in Wenatchee - 10/03/07 01:54 AM
With the extraordinary increase in home values over the past 2-3 years, most people gained a lot of equity in their homes and land. I am now seeing a lot of people coming in to refinance; some to take equity out, others to eliminate PMI (Private Mortgage Insurance). I closed loans … (2 comments)
construction loans: Ellensburg Real Estate - 07/27/07 01:50 AM
Ellensburg is becoming more and more a commuter town. My Sister and her husband are having a home built there, and he will be commuting to Factoria. That would have sounded crazy to me when I was living in Issaquah years ago. But now that I live in Wenatchee and can't handle … (2 comments)
construction loans: Lake Chelan Real Estate - 07/27/07 01:18 AM
I went up to Lake Chelan with my family and the neighbors a couple of weekends ago. We rented two 3-seater Wave runners for a half day and we had all the riding we wanted. Chelan is a great place to play in the sun. It feels to me like the … (1 comments)
construction loans: Wenatchee Land- Helping Your Kids Into Their First Home - 06/21/07 02:30 AM
I am currently working on three transactions where relatives are helping the younger generation get into their first homes. I am excited to see this as we are all aware that rising prices in Wenatchee, Leavenworth and Chelan Real Estate markets are making affordable housing for first time homebuyers harder to … (5 comments)
construction loans: Wenatchee Land Financing - 05/15/07 03:04 AM
I work in the still growing markets of Wenatchee and Chelan County, where demand often exceeds supply. You may have seen the blog by my friend Perrin Cornell talking about how to best deal with multiple offers. The other side of this is that many people can't find the home they … (4 comments)
construction loans: Basics of Construction financing in Eastern Washington - 03/12/07 02:41 AM
In our area of Eastern Washington (which includes the markets of Leavenworth, Wenatchee, Chelan, Quincy, and Okanogan County), we have a limited supply of available homes for sale, and a lot of people wanting to buy. Also, with only a few exceptions, we don't have the large scale developments that you … (0 comments)
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I wrote last time that this was a great year for building your own home, and I have had lots of requests for financing. One thing I want to point out to people, is that at this point in time, if you want someone to finance you as an owner builder, … (0 comments)
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